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Corporate Responsibility

At MassMutual, corporate responsibility isn’t a program or a department. It’s a fundamental part of who we are. We’ve always made people a priority, and today, that commitment to our policyowners and customers continues. It extends to include our employees and Financial Professionals, the communities where we live and work, and our environment. For us, it all comes down to doing the right thing for the people who matter most — and it’s been that way from the beginning.

Supporting our Communities

In the communities where we operate, we’re more than employers. We’re neighbors, colleagues, parents and friends. And, we believe we can help those communities become better places to live, work and play.

That spirit begins with our own people. Our employees are dedicated volunteers to causes and organizations across the country, giving generously of their time and talent. As part of our MassMutual Career Pathways Program, our employees mentor young people about careers, networking and academic options. And through programs like Volunteers In Action, our employees can also apply for grants on behalf of their chosen non-profits.

This helping hand extends to our community programs too. Programs like FutureSmartSM, a national financial education initiative in collaboration with select Junior Achievement chapters and NBA affililates, teaches middle school students about making wise financial choices. With FutureSmart, we gather students for an exciting interactive seminar that’s part workshop, part pep rally — followed up with financial education curriculum in the classroom.

Our LifeBridgeSM program helps young people fulfill their potential through the value of our core product — life insurance. This national initiative helps fund a child’s education by issuing $50,000 term life insurance policies to benefit the children of eligible working parents, with no cost to the parent. In fact, MassMutual pays the premiums. As of year end 2014, we’ve issued more than 13,400 policies representing more than $670 million in coverage.

While our efforts are national, we’re also involved on the local level. Our commitment extends from our headquarters in Springfield, MA, to our other home offices in Enfield, CT, Phoenix, AZ, Boston, MA, and Memphis, TN. And, it includes the hometowns our Financial Professionals across the country. In those local areas, like our national efforts, our focus is on financial education and career pathways, economic development and community vitality. With our Community Service Awards, our Financial Professionals can apply for grants to be awarded to the nonprofits where they volunteer their time and talent. In 2014, MassMutual awarded $155,000 on behalf of our Financial Professional volunteers.

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Valuing People

For each of us at MassMutual, treating our customers with respect is an extension of the way we treat each other as colleagues. Our approach is simple: a healthy and diverse team helps us help you.

We work hard to maintain the physical and intellectual well-being of our team. In 2013 alone, for example, we invested $1.6 million in our employee education assistance program.

While our wellness initiatives help our employees (and their families) eat better, stay active, and take a greater role in their overall health and wellness. Our wellness programs have been honored by the American Heart Association, the National Business Group on Health, and others. And our diversity and inclusion efforts have been recognized by DiversityInc’s Noteworthy Companies List (three years running) and the Human Rights Campaign’s Corporate Equality Index (with a perfect score of 100).

Ethics & Integrity

Our policyowners and customers rely on us to help them secure their future and help protect the ones they love, and we take that responsibility seriously. We know that trust is essential in making any relationship work. That’s why we strive to create, maintain and enhance our relationships through our commitment to act ethically and with integrity.

This ethical culture includes all levels at MassMutual — from our Board of Directors to management and employees to our Financial Professionals. You’ll see it reflected in our company values and our corporate governance structure. And you’ll experience it in action with the strong relationships we maintain with our policyowners, customers, employees and local communities.

We continually educate and inform our employees about ethics issues through our code of conduct as well as extensive compliance training and communication programs. And others have noticed. The Ethisphere®Institute has recognized MassMutual as one of the world’s most ethical companies in 2014.

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Helping Sustain our Planet

MassMutual may be a large company, but we’re working hard to have a small environmental footprint. To do that, we’ve created a sustainability strategy focused on three key areas: conservation, efficiency and renewable energy.

With conservation, our goal is reducing the waste of the energy and natural resources it takes to run our business. In Springfield, MA, our corporate headquarters is certified at the Silver level by the Leadership in Energy and Environmental Design for Existing Buildings (LEED-EB®) program of the U.S. Green Building Council.

With efficiency, we’re committed to using the lowest amount of energy and natural resources possible. Our home office parking lot includes a rain harvesting system used to irrigate campus grounds, along with more than a dozen charging stations for electric vehicles. While our green commuter programs promote the savings and convenience of carpooling and vanpooling to all our campuses.

With renewable energy, we continue to expand our use of naturally occurring energy sources like solar. For example, we have 1,750 solar panels on the roof of our headquarters. Those panels produce 384,000 kilowatts of electricity every year and 50 percent of our hot water.